San Francisco-based City Center Realty Partners LLC appears to have a purchase agreement for the shuttered Macy’s department store in downtown St. Paul, according to a recently disclosed cache of city documents.

Ryan Cos. have proposed two blocks or more of uninterrupted parkland leading to the future Minnesota Vikings stadium, but such plans would require closure of Portland and Park avenues between Fourth and Fifth streets.

The downtown Minneapolis apartment building boom could soon produce much higher vacancy rates, according to the recent Compass report.

So is it a good idea to be building more apartments in the Downtown East area of Minneapolis? That’s where some high-profile developers seem to be heading after concentrating on the North Loop and core downtown — though not everyone is so bullish.

Ryan Cos. executives on Thursday showed more than 100 local Chamber of Commerce members renderings of the park through the seasons, with nighttime movies, ice skating and a kind of carnival atmosphere on game days.

Ryan Cos. US Inc. plans to acquire five city blocks from the Star Tribune to make way for the redevelopment near the Vikings stadium site, but where and precisely when the Star Tribune will land in newly leased space in downtown Minneapolis remains a topic of speculation in commercial real estate circles.